Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
East Sussex votes against fossil fuel divestment
East Sussex councillors voted this morning against ending pension fund investments in fossil fuels.
UK council pension funds invested £16bn in fossil fuels – new estimate
UK local authority pension funds are estimated to hold £16 billion in fossil fuel investments, according to new analysis published today.
East Yorkshire backs fossil fuel divestment
Councillors in East Yorkshire voted unanimously this afternoon for a review of pension fund investments away from fossil fuels
Church of England divests from fossil fuels
The Church of England is pulling its investment in major fossil fuel companies because they failed to align with the goals of the Paris climate agreement.
COP27: historic deal on climate loss and damage but 1.5C limit “on life support”
The COP27 climate conference ended in Egypt today with a landmark agreement to compensate poorer countries that are the victims of climate change. But there was little progress in tacking emissions from burning fossil fuels, the root cause of global warming.
COP27: “Oil and gas firms expected to pay towards climate loss and damage” – Mia Mottley
Mia Mottley, the prime minister of Barbados, called today for oil and gas companies to contribute to the cost of climate change.
Questions over local benefit from Cuadrilla’s fracking fund
As ministers consider how to compensate people living near shale gas sites, a DrillOrDrop analysis of the UK’s only fracking community benefit fund raises questions about its value.
Cuadrilla owner raises new funds for UK fracking
The Australian owner of shale gas company Cuadrilla has raised $19.7m (£11.79m) in a share placing.
Campaigners “bang the drum” for council divestment from oil and gas
Climate campaigners staged a noisy protest to demand a council pension fund stops investing in oil and gas companies.
DRILL OR DROP? 